Gross productions from Jubilee reached 93 kbopd (36 kbopd net) while surpassing expectations, TEN yielded 19 kbopd (10 kbopd net). The interim gas sales agreement that is currently in place for Jubilee associated gas has been extended for 18 months at US$2.95/mmbtu with applicable indexation.
The Ghana National Gas Company Limited has denied media reports that its Chief Executive Officer
is being pressured to sign a dubious $812 million Ghana Gas Phase 2 contract.
The implementation of new government policies designed to stabilize Ghana’s currency is having unintended
consequences for many locally-owned oil distribution companies, according to Dr. Patrick Kwaku Ofori.
The CEO of the Chamber of Bulk Oil Distributors (CBOD) says its members are not opposed to the government’s Gold for Oil policy but rather take issue with its skewed implementation.
The Media Foundation for West Africa (MFWA) is set to challenge the Presidency’s refusal to release the complete KPMG audit report on the controversial Ghana Revenue Authority (GRA) and Strategic Mobilisation Limited (SML) contract.
The Asantehene, Otumfuo Osei Tutu II, has called on the Board and Management of the Ghana National Petroleum Corporation (GNPC) to work as a team to implement effective strategies that will improve the fortunes of the company.
NOG Energy Week 2024: West African Countries Harnessing Gas for Industrialisation to Boost Economic Development.
Many African countries are harnessing gas and other cleaner and greener energies to drive their industrialisation journey. African countries including Ghana and Nigeria are investing in gas infrastructure and promoting its utilisation, and by extension are addressing energy poverty and environmental challenges.
Vice President and flagbearer of the NPP, Dr. Mahamudu Bawumia has outlined comprehensive measures he believes will address a general concern with regard to management of Ghana’s natural mineral resources.
With just about seven months to go for the general election this December and with possibly a new government to be sworn-in soon after that, dubious contracts worth millions of dollars are being awarded by the Akufo-Addo/ Bawumia government to their relatives and cronies. One of such dubious contracts is the award of the Ghana Gas Company Phase 2 project to a son of the Nana Asante Bediatuo.
Diversified energy company Genser Energy commissioned a 110km natural gas pipeline to propel Ghana’s power sector and foster economic growth.